Browsing Tag

Petrodollar End and Yuan Future

Why is RMB finding its moment?

By Qaiser Nawab, Chairman BRISD Since late March, the renminbi (RMB) has been on an upswing, repeatedly hitting three-year highs. On April 14, onshore RMB broke past 6.82 per dollar at the open—its strongest level since March 24, 2023.…